Asian Sea PCL (BKK:ASIAN) Days Payable: 28.22 (As of Mar. 2026) — 41% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ASIAN Asian Sea Corp PCL BKK:ASIAN
73 GF Score
Price ฿7.25
GF Value ฿7.37
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Asian Sea PCL Days Payable?

Asian Sea PCL BKK:ASIAN 73 Days Payable is 28.22 as of Mar. 2026, which is 41% above its 10-year median of 20.08. GuruFocus rates BKK:ASIAN with a GF Score™ of 73/100 and a GF Value™ of ฿7.37 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,889 Consumer Packaged Goods companies, Asian Sea PCL ranks worse than 69.88% on this metric.

Asian Sea PCL's average Accounts Payable for the three months ended in Mar. 2026 was ฿665 Mil. Asian Sea PCL's Cost of Goods Sold for the three months ended in Mar. 2026 was ฿2,151 Mil. Hence, Asian Sea PCL's Days Payable for the three months ended in Mar. 2026 was 28.22.

The historical rank and industry rank for Asian Sea PCL's Days Payable or its related term are showing as below:

BKK:ASIAN' s Days Payable Range Over the Past 10 Years
Min: 18.53   Med: 20.08   Max: 30.1
Current: 30.1

During the past 13 years, Asian Sea PCL's highest Days Payable was 30.10. The lowest was 18.53. And the median was 20.08.

BKK:ASIAN's Days Payable is ranked worse than
69.88% of 1889 companies
in the Consumer Packaged Goods industry
Industry Median: 44.15 vs BKK:ASIAN: 30.10

Asian Sea PCL's Days Payable increased from Mar. 2025 (27.74) to Mar. 2026 (28.22). It may suggest that Asian Sea PCL delayed paying its suppliers.


Asian Sea PCL Days Payable Historical Data

* Premium members only.

The historical data trend for Asian Sea PCL's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Asian Sea PCL Days Payable Chart

Asian Sea PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.85 18.70 19.70 20.46 21.02

Asian Sea PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.74 33.21 32.92 24.38 28.22

BKK:ASIAN vs KHC, GIS: Days Payable Comparison

For the Packaged Foods subindustry, Asian Sea PCL's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Asian Sea PCL Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asian Sea PCL's Days Payable distribution charts can be found below:

* The bar in red indicates where Asian Sea PCL's Days Payable falls into.


BKK:ASIAN
73GF Score
Asian Sea Corp PCL BKK:ASIAN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Sea PCL Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Asian Sea PCL's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (524.893 + 544.287) / 2 ) / 9281.81*365
=534.59 / 9281.81*365
=21.02

Asian Sea PCL's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (544.287 + 786.007) / 2 ) / 2150.776*365 / 4
=665.147 / 2150.776*365 / 4
=28.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 28.22 mean?
Asian Sea PCL (BKK:ASIAN) has a Days Payable of 28.22 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Asian Sea PCL and its competitors. This is 41% above median its historical median of 20.08. Over the past decade, Asian Sea PCL's Days Payable has ranged from 18.53 to 30.10. According to the industry distribution chart, Asian Sea PCL ranks #1320 out of 1889 companies in the Consumer Packaged Goods industry, placing it in the top 69.9%.
Is Asian Sea PCL's Days Payable too high?
Asian Sea PCL's current Days Payable of 28.22 is 41% above median its 10-year median of 20.08. Over the past 10 years, this metric has ranged from a low of 18.53 to a high of 30.10. The Consumer Packaged Goods industry median Days Payable is 44.15. Asian Sea PCL's value of 28.22 is 36.1% below this industry median. Based on the distribution chart, Asian Sea PCL ranks #1320 out of 1889 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Asian Sea PCL has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asian Sea PCL's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Asian Sea PCL ranks #1320 out of 1889 companies for Days Payable. This places Asian Sea PCL in the lower half of its industry. The industry median Days Payable is 44.15. Asian Sea PCL's value of 28.22 is 36.1% below this benchmark. Historically, Asian Sea PCL's own Days Payable has ranged from 18.53 to 30.10 over the past decade. While the company's 10-year median is 20.08 vs. the industry median of 44.15, Asian Sea PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,889 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asian Sea PCL's current Days Payable of 28.22 is 36.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Asian Sea PCL and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Sea PCL's current Days Payable is 28.22, which is 41% above median its own 10-year median of 20.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Sea PCL stock overvalued right now?
Based on GuruFocus' analysis, Asian Sea PCL (BKK:ASIAN) is currently considered Fairly Valued. The stock's GF Value™ is ฿7.37, compared to a current price of ฿7.25 — trading 1.6% below its estimated fair value. The current Days Payable is 28.22, which is 41% above median its 10-year median of 20.08 and 36.1% below the Consumer Packaged Goods industry median of 44.15. Asian Sea PCL's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Asian Sea PCL (BKK:ASIAN), the current Days Payable is 28.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asian Sea PCL (BKK:ASIAN) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Sea PCL stock appears to be undervalued. The current stock price of ฿7.25 is trading 1.6% below its estimated GF Value™ of ฿7.37. GuruFocus considers Asian Sea PCL to be Fairly Valued.

Key valuation signals for BKK:ASIAN:

  • Days Payable: 28.22 (41% above median its 10-year median of 20.08)
  • GF Value™: ฿7.37 vs. price of ฿7.25 (1.6% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 36.1% below the Consumer Packaged Goods median (#1320 of 1889)

No single metric tells the full story. See the BKK:ASIAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asian Sea PCL Business Description

Address 55/2 Moo 2, Rama 2 Road, Bang Krachao Subdistrict, Mueang District, Samut Sakhon, THA, 74000
Asian Sea Corp PCL is principally engaged in the production of processed frozen seafood and provision of cold storage services. The company operates in reportable segments as follows: Frozen and packaged food products, Feedstuff and Other business is cold storage services. The majority of the company's revenue is derived from the Frozen and packaged food products segment. Geographically, it generates the maximum revenue from the United States of America and the rest from Thailand, the United Kingdom, Italy, Japan and Others.
73GF Score

Get the complete analysis for BKK:ASIAN

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿7.25
Price
฿7.37
GF Value